Creating a crypto cooperative and embarking on a journey into crypto price discovery.
The funds raised here will immediately purchasing cloud mining at hashnest.
50% of the mining proceeds will be paid out weekly to coin holder.
Funding on hold
The other 50% will pool until it is large enough to launch a new crypto coin. This new ■■■■ coin won’t have any features. No POW,
There might be a very small POS interest rate.
20% of the new coin will be issued as a dividend to people that buy color coins now. The coin issue will be small 100,000 to 1,000,000 The coin will be 90- 100% premine, and i will try to list it immediately on an exchange.
As the alt coin will be premined, i will sell off small batches in order to purchase or create other crypto assets to generate revenue. Those crypto assets will back the coin. If book value is significantly higher than exchange price, the assets would buy coins back.
First is raising funds here to cloud mine
Second is to take half the cloud mining proceeds to launch an alt coin
Once the alt coined is launched 20% will be distributed to EPU coin holders.
There is a very high chance that the new alt coin will fail in many ways.
If BTC collapses in price this will be a total failure.
If we don’t raise enough funds we may not be able to launch a coin, or get it listed.
If BTC price does not collapse, the 50% payouts on the cloud mining proceeds could eventually
ROI to funders.